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BMC Software spends $800 million on BladeLogic’s data center software
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Systems management company BMC Software said on Monday that it intends to buy BladeLogic for $28 per share, or about $800 million net of cash acquired.
BladeLogic, which went public last year under the ticker BLOG, makes tools for automating jobs in data centers, such as configuring servers and provisioning storage appliances.
BMC said that the software will be added to its existing product portfolio and bring it a “significant, high-growth revenue stream.”
The acquisition comes at the tail end of a wave of consolidation in the data center software field, which started out earlier this decade.
With the growing complexity of data centers for running public Web sites or corporations, IT professionals need productivity tools to manage their operations.
Last July, Hewlett Packard said it would spend $1.6 billion to buy data center automation firm Opsware, a company founded by Marc Andreesen. Several other smaller companies with niche tools have been bought by other hardware providers IBM, Sun Microsystems, and EMC.
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